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Palm Jumeirah AED 3,546/sqftDubai Maritime City AED 3,129/sqftDowntown Dubai AED 2,865/sqftDubai Islands AED 2,752/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,490/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,457/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,546/sqftDubai Maritime City AED 3,129/sqftDowntown Dubai AED 2,865/sqftDubai Islands AED 2,752/sqftDubai Creek Harbour AED 2,558/sqftBusiness Bay AED 2,490/sqftDubai Hills Estate AED 2,464/sqftDubai Marina AED 2,457/sqftJumeirah Lakes Towers AED 2,322/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,656/sqftDubai South AED 1,653/sqftArjan AED 1,585/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,324/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO NOV 2026

Dubai Land Department register

Varazze Tower

Under constructionSufouh GardensCompletion on file Feb 2024 — date passed

242 units on the DLD register in Al Safouh First, filed by Olgana Real Estate Development L.L.C. 82 sales have been registered against it between 22 Nov 2011 and 14 Jun 2024.

Construction completeUnder construction

Recorded at DLD's site inspection of 5 Nov 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityOlgana Real Estate Development L.L.C
Area (DLD)Al Safouh First
StatusUnder construction
Units242
Registered sales82
Project registry

THE DLD RECORD

Registry as at 10 Nov 2026
Registered developer entityOlgana Real Estate Development L.L.C
Area (DLD)Al Safouh First
Master communitySufouh Gardens
Project statusUnder construction
Construction progress98.53% complete (DLD inspection, 5 Nov 2026)
Units registered242
Buildings1
Registered start15 Sep 2022
Registered completion date17 Feb 2024
DLD project number138
Description as recorded by DLD

2B+G+3P+38+R Hotel Apartments,The project designed to have a concrete structure and block with internal and external finishes.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account19107929

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 10 Nov 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 10 Nov 2026; the project status and escrow details as at 10 Nov 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Units counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Feb 2024.

Registered sales

REGISTERED SALES

82 sales were registered against Varazze Tower between 22 Nov 2011 and 14 Jun 2024; every one is listed in the transaction feed below. None falls inside the part of the register we hold in full detail (28 Apr 2025 to 6 Nov 2026), so we publish no trend or price guide drawn from that window.

Transaction data as at 29 Oct 2026. Project facts as recorded by DLD at 10 Nov 2026 — a separate feed on a separate cadence.

Transaction history

ALL REGISTERED SALES

DLD register · to 29 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
No transaction recorded.
Registered sales, all time
82
22 Nov 2011 to 14 Jun 2024
The latest 25 of 82 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
14 Jun 2024Flat2 B/R2,2223,146,7061,416
29 Jan 2020Flat3 B/R2,7722,770,120999
12 Nov 2019Flat3 B/R2,7611,932,902700
12 Nov 2019Flat1 B/R1,005703,524700
11 Nov 2019Flat3 B/R2,0671,984,262960
11 Nov 2019Flat1 B/R948910,003960
17 Apr 2019Flat1 B/R1,005804,024800
17 Apr 2019Flat3 B/R2,0671,653,520800
28 Jan 2019Flat2 B/R2,1071,892,250898
28 Jan 2019Flat1 B/R1,090980,869900
28 Jan 2019Flat2 B/R1,3281,327,9301,000
17 Jan 2019Flat1 B/R1,0051,398,3601,391
31 Dec 2018Flat1 B/R1,0051,000,000995
13 Aug 2018Flat2 B/R1,3821,100,000796
1 Aug 2018Flat1 B/R1,005703,524700
31 Jul 2018Flat1 B/R1,005703,524700
31 Jul 2018Flat3 B/R2,7721,940,512700
30 Jul 2018Flat2 B/R1,382967,242700
30 Jul 2018Flat3 B/R2,7611,932,902700
30 Jul 2018Flat3 B/R2,0671,446,832700
26 Jul 2018Flat3 B/R2,0671,600,000774
26 Jul 2018Flat2 B/R1,3281,000,000753
24 Jul 2018Flat3 B/R2,0671,600,000774
18 Jul 2018Flat1 B/R948663,589700
18 Jul 2018Flat3 B/R2,0671,600,000774

Source: Dubai Land Department sales register, sales registered against this project, as at 29 Oct 2026. The count and the list cover the project’s whole history. Office and shop sales are not counted. Where the project also has sales of units, a sale of the plot or the whole building is not counted. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Areas are DLD’s square metres converted to square feet.

Same area, similar size

COMPARABLY SIZED PROJECTS IN AL SAFOUH FIRST

See all
HILIANAAl Safouh First · Abyaar Real Estate Development (K.S.C) (Dubai Br)1,255Median AED/sqft, 15 sales15Registered sales179UnitsBiltmore SufouhAl Safouh First · G J R E Real Estate L.L.C2,566Median AED/sqft115Registered sales477Units113 ResidencesAl Safouh First · Iman Developers L.L.C2,492Median AED/sqft37Registered sales113UnitsJ8Al Safouh First · Aqua Real Estate Development L.L.C1,376Median AED/sqft, 6 sales6Registered sales92UnitsShahrukhz by DanubeAl Safouh First · Danube Properties Development L.L.C—Median AED/sqft0Registered sales662UnitsJ5Al Safouh First · Aqua Real Estate Development L.L.C1,529Median AED/sqft, 6 sales6Registered sales48Units

Next step

ASK US ABOUT Varazze Tower

This page is the public register — the project record as at 10 Nov 2026, and the transaction register to 6 Nov 2026.

  • AVAILABILITY

    On the register

    242 units

    From the DLD project record as at 10 Nov 2026, filed at status “Under construction” as at 10 Nov 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    82 registered sales

    Prices already paid, registered between 22 Nov 2011 and 14 Jun 2024.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    —

    Nothing is registered against this project to compare a unit with.

    Not on the register

    How the specific unit compares with the ones already registered

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